Owner of timberwolves – Glen Taylor, the owner of the Minnesota Timberwolves, has been a driving force behind the team’s success both on and off the court. As a prominent figure in the NBA, Taylor’s leadership has shaped the Timberwolves’ identity and made a significant impact on the Minneapolis community.
Since acquiring the team in 1994, Taylor has overseen the Timberwolves’ transformation into a competitive franchise. Under his ownership, the team has made several playoff appearances and established itself as a force in the Western Conference.
Ownership Structure
The Minnesota Timberwolves are owned by a group of investors led by Glen Taylor. Taylor, a businessman and former politician, has been the majority owner of the team since 1994.
Other minority owners include:
- Lorne Mallace
- Robert J. Pohlad
- Marc Lore
- Alex Rodriguez
There have been several changes in ownership over the years. The team was originally founded in 1989 by a group of investors led by Harvey Ratner. Ratner sold the team to Glen Taylor in 1994.
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Business Operations
The Timberwolves generate revenue through a variety of sources, including ticket sales, merchandise sales, and television contracts. The team’s financial performance has been mixed in recent years. The team has been profitable in some years, but has also lost money in others.
Taylor has been actively involved in the team’s business operations. He has made several key decisions, including the hiring of coach Chris Finch and the construction of a new practice facility.
Basketball Operations
Taylor has a significant influence on the Timberwolves’ basketball operations. He has the final say on all player acquisitions and team management decisions.
Taylor has been criticized by some for his involvement in basketball operations. Some believe that he is too involved in the day-to-day operations of the team and that he should leave those decisions to the basketball staff.
Community Involvement: Owner Of Timberwolves
Taylor is actively involved in the Minnesota community. He is a major donor to several local charities and organizations.
Taylor’s community involvement has helped to improve the team’s image and reputation.
Social Impact
Taylor has been a strong advocate for diversity and inclusion within the Timberwolves organization. He has created several programs to promote diversity and inclusion, including the Timberwolves Diversity and Inclusion Council.
Taylor’s efforts have helped to make the Timberwolves a more inclusive organization.
End of Discussion
Glen Taylor’s ownership of the Minnesota Timberwolves has had a profound impact on the team, the city of Minneapolis, and the NBA as a whole. His commitment to excellence, both on and off the court, has made the Timberwolves a respected and admired organization.
